Minister of Commerce and Industry Piyush Goyal met with American business magnates in New York on Thursday to promote investments in India. Executives like Robert Goldstein (COO of BlackRock), Anup Popat (CEO of Systems Technology Group), Sanjiv Ahuja (CEO of Tillman Holdings), Shailesh Upreti (CEO of C4V), and Ali Dibadj (CEO of Janus Henderson Investors) were among those he met with. Goyal highlighted changes to increase infrastructural development and the ease of doing business, emphasising India’s potential as a worldwide manufacturing base.
Goyal highlighted the government’s commitment to strengthening the manufacturing and intellectual property rights sectors through various incentive programs. Investments under production-linked incentive (PLI) schemes, he said, may achieve Rs 2 lakh crore, up from an earlier estimate of 850,000, and 1.2 million direct jobs. This is in addition to the fact that they could surpass the initial projection of Rs 1.32 lakh crore.
Previously, while in Australia, Goyal encouraged Australian pension funds to engage in renewable energy, fintech, and agritech. He met with Tania Constable, CEO of Australia’s Minerals Council to establish closer ties in vital minerals. While meeting with Joel Katz of the CLIA and Robin Khuda, CEO of AirTrunk, Goyal addressed coastal tourism and explored digitalisation potential.
